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Kitex Garments Limited
Share Price Target & Analysis

NSE:KITEX

173.76

VWAP

171.15

Open

180.14

Close

179.38

High

171.15

Low

295.47

52 Week High

172.81 ⇩
-7.33 (-4.07%)

KITEX

(TEXTILES)
48.1% Momentum

Turnaround Potential

59

52 Week Low

6.98

EPS

58.32

PE

3.37

PB

Economical
Quality

Silver
Valuation

#Analysis

NSE: KITEX Share Price Financial Analysis & Valuation

Kitex Garments Limited (KITEX) is broadly categorized in TEXTILES segment industry which deals in Textiles - Readymade Apparels vertical. It is one of Small Cap company with Market Capitalization of Rs 1675.8 (in Cr). Total number of free float shares are 6.7 (in Lacs). Kitex Garments Limited is listed on NSE with Exchange ID - INE602G01020 and trading code is NSE:KITEX with short name Kitex Garments.

In the past 1 year, Kitex Garments Limited has declared an equity dividend of Rs 1.5 per share. At the current share price of KITEX at Rs 172.81, this results in a dividend yield of 0.87 %.

As per the Fundamental Analysis of NSE:KITEX, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine KITEX underlying value and future prospects. All of this data is available in KITEX financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:KITEX, it is clearly understood that KITEX is Economical performer in terms of earnings and profit margins with an EPS of 6.98. NSE:KITEX book value per share as of today is 51.27. The current price to book ratio for KITEX as of Apr 02, 2025 is 3.37.

Valuation of the Stock: The current valuation of KITEX stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of KITEX whether to BUY this stock at current valuation. The delivery percentage of KITEX is 52.68% is very crucial parameter which shows that 52.68% investors are anticipating that the price of KITEX share should go up with VWAP at 173.76.

Now, the main question is whether to BUY or SELL, NSE:KITEX at current valuation.
As per latest Analysis No. #1831:-

⇑ STRONG BUY KITEX if All Greens

⇗ BUY KITEX (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD KITEX (With Stop Loss) if only 1 Green

⇘ SELL KITEX if NO Green Indicator

NSE: KITEX Share Price Today (Apr 02, 2025)

(Kitex Garments Limited Daily Analysis on the basis of KITEX Intraday Graph & Trend)

Kitex Garments Limited share price moved Down by -4.07% from its previous close of Rs 180.14. KITEX stock last traded price is 172.81. KITEX share price trend is Down with a total of 534219 stocks traded till now. It has touched an intraday high of Rs 179.38 and an intraday low of Rs 171.15. The KITEX trading at 172.81, Down by Rs. -7.33, or -4.07 percent which suggests that most of the Traders are anticipating that the price of KITEX share should go Down.

NSE: KITEX Share Price Tomorrow Prediction

(Kitex Garments Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of KITEX)

Kitex Garments Limited share price moved Down by -4.07%. KITEX share price short term trend is Down. It suggests that KITEX Share Price for Tomorrow remains the same with VWAP at 173.76 will be treated as stop loss for intraday traders. Kitex Garments Limited Long term investors can follow the KITEX long term trend as mentiond in future forecast table.

NSE Code

NSE: KITEX

KITEX Share Price Today

 172.81

KITEX Share Price Target Prediction for 2025 ^

 61.9 - 188.9

KITEX Share Price Target Prediction for 2026*^

 188.9 - 316.3

KITEX Share Price Target Prediction for 2027*^

 316.3 - 338.4

KITEX Share Price Target Prediction for 2028*^

 355

KITEX Share Price Target Prediction for 2029*^

 366

KITEX Share Price Target Prediction for 2030*^

 398
KITEX Current Book Value 2024
51

*Kitex Garments Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^KITEX share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

KITEX Technical Analysis

Candlestick Pattern: @181.03

KITEX Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 192.43 SELL 191.57 SELL
MA_12 200.5 SELL 197.6 SELL
MA_20 197.64 SELL 201.53 SELL
MA_32 211.24 SELL 208.23 SELL
MA_50 222.32 SELL 211.54 SELL
MA_100 220.61 SELL 205.8 SELL
MA_200 156.52 BUY 171.47 BUY

KITEX Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 197.64 Downtrend
MACD -0.31 SELL
ADX 17.57 NO or Weak Trend
DMI (+/-) 18.84 / 27.13 Downtrend

KITEX Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 37.6 Neutral
STOCHASTIC_K (Fast) 8.89 Oversold
STOCHASTIC_D (Slow) 31.88 Neutral
CCI -150.45 SELL
PSAR 215.38 SELL
TRUE RANGE 11.47 Neutral
ATR 13.55 Neutral
WILLIAMS R -99.19 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 28.21 Neutral
MOMENTUM -22.77 SELL

KITEX Last 1 Year Trend

Duration Value
1 Year 102.83%
3 Months -18.79%
1 Month -11.17%
1 Week -9.61%

KITEX Technical Analysis Summary

Updated on 2025-02-24
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 23%
SELL 70%

Most popular Questions & Answers about KITEX


Kitex Garments Limited stock last traded price is 172.81. KITEX share price moved Down by -4.07% from its previous close of Rs 180.14.

Kitex Garments Limited share price trend is Down with a total of 534219 stocks traded till now. It has touched an intraday high of Rs 298.4247 and an intraday low of Rs 171.15. The KITEX trading at 172.81, Down by Rs. -7.33, or -4.07 percent which suggests that most of the Traders are anticipating that the price of KITEX share should go Down and the Stop Loss will be around 173.76.

The market cap of Kitex Garments Limited is ₹1675.8 (in Cr) as of Apr 01, 2025.

The current price to earning ratio for Kitex Garments Limited as of Apr 01, 2025 is 58.32.

The current price to book ratio for Kitex Garments Limited as of Apr 01, 2025 is 3.37.

The highest price of Kitex Garments Limited stock is ₹295.47 in the last 52-week.

The lowest price of Kitex Garments Limited stock is ₹59 in the last 52-week.

Kitex Garments Limited share trading at ₹172.81, Down by Rs. -7.33, or -4.07 percent which suggests that most of the traders are anticipating that the price of KITEX share should go Down.

In 2023, Stock price target for Kitex Garments Limited (KITEX) are ₹61.9 on downside and ₹188.9 on upside. Kitex Garments Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Kitex Garments Limited (KITEX) are ₹188.9 on downside and ₹316.3 on upside. Kitex Garments Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Kitex Garments Limited (KITEX) are ₹316.3 on downside and ₹338.4 on upside. Kitex Garments Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Kitex Garments Limited (KITEX) will be around ₹366 Kitex Garments Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of KITEX.

The price of Kitex Garments Limited (KITEX) shares moved by -4.07%. The short-term trend for KITEX share price is Down. It implies that the share price of KITEX will stay the same tomorrow and that intraday traders should treat VWAP at 173.76 as a stop loss. Investors with a long-term outlook can track KITEX long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of KITEX stock is 83.7. Compared to the current market price of 172.81 INR, the KITEX stock is Overvalued by 51.6%.

As per the fundamental analysis of Kitex Garments Limited (KITEX), it is of Economical quality in terms of earnings and profit margins with an EPS of 6.98. Kitex Garments Limited book value per share as of today is 51.27. The current price to book ratio for KITEX as of Apr 02, 2025 is 3.37.


NSE:KITEX News & Other Useful Information about KITEX Share Price


Peer Comparison of NSE: KITEX

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Textiles - Readymade Apparels

Company Price EPS BV
PAGEIND 42006.10 603.68 1335.92
KPRMILL 892.75 20.06 106.86
JAIPURKURT 50.31 2.96 25.99
DOLLAR 394.00 16.12 143.51
GOKEX 830.55 27.57 284.54
KITEX 172.81 6.98 51.27
MONTECARLO 537.20 34.3 361.52
PGIL 1313.15 9.48 121.63
SORILINFRA 66.00 2.2 74.94
ZODIACLOTH 88.53 0 77.37
Updated at: 01 Apr 2025 15:47

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